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HomeMy WebLinkAboutFIN 2023-02-27 Item 1A - Budget - Monthly General Fund Update: December 2022City of Tukwila Allan Ekberg, Mayor INFORMATIONAL MEMORANDUM TO: Finance & Governance Committee FROM: Tony Cullerton, Deputy Finance Director CC: Mayor Ekberg DATE: February 27, 2023 SUBJECT: December 2022 General Fund Departmental (Preliminary) Budget -to - Actuals Report Summary The purpose of the December 2022 General Fund Financial Report is to summarize for the City Council the general state of departmental expenditures and to highlight significant items. The following provides a high-level summary of the departmental financial performance. The December 2022 report is based on financial data available as of February 16th, 2023, for the period ending December 31, 2022. While this report includes the most recent financial activity, the numbers are preliminary. Interfund activity, accruals, and general ledger clean up are part of the year-end process and is currently being completed. Expenditures In past we have reported actual spending compared to the allocated budget. With this being the final month of the year, our comparisons are with Actual Spending compared to the Annual Budget. General Fund departmental expenditures totaled $61.7 million through December, which is $3.9 million less than the annual budget of $65.6 million. Department 20, which is transfers to other funds, totaled $10 million, which is $820,994 less than the annual budget. Transfers to capital project funds are transferred to capital project funds as needed for cash flow purposes. Debt service transfers are done quarterly. Department 20 is projected to end the year under budget due to a handful of minor transactions. Examples include: • Transfer to Fund 103 (Residential Streets) — General Governmental Improvements for ARPA grant revenue was $82k under budget. This is due to less expenditures in fund 103 than expected. • Transfer to Fund 104 (Arterial Streets) of $400k was not done since it was not necessary. This was a budget transfer from the adopted budget, only required if the fund needed additional resources. • Transfer to and 305 Public Safety Plan was $167k less than budget. The cost of the PSRFA engine wasn't known when budget amendments were completed. 1 INFORMATIONAL MEMO Page 2 In total, the General Fund reported expenditures of $71.8 million, which is equivalent to 94% of the annual budget at the completion of the year. All General Fund departments ended the year below their YTD annual budget with the exception of Fire. As projected and previously reported, Fire finished the year at 101.5% of budget resulting in an overage of $226,122. Departmental Variances Year to Date Department Expenditures Compared to Annual Budget Through December 2022: 2 BUDGET ACTUAL Allocated Budget % 2022 2022 2020 2021 2022 vs Actual Expended EXPENDITURES BY DEPARTMENT Annual Allocated OVER/(UNDER) City Council 385,826 385,826 351,396 338,693 356,579 (29,247) 92.4% Mayor's Office 2,565,927 2,565,927 2,280,110 2,152,513 2,181,540 (384,387) 85.0% Administrative Services 5,869,141 5,869,141 4,751,297 5,005,893 4,775,222 (1,093,919) 81.4% Finance Department 3,347,587 3,347,587 2,402,140 2,434,453 3,067,184 (280,403) 91.6% Recreation Department / Parks Maintenance 5,083,108 5,083,108 4,273,655 4,225,108 4,821,837 (261,271) 94.9% Community Development (DCD) 4,732,212 4,732,212 3,278,151 3,910,667 4,239,663 (492,549) 89.6% Municipal Court 1,597,482 1,597,482 1,292,626 1,209,940 1,565,287 (32,195) 98.0% Police Department 19,844,123 19,844,123 17,682,031 17,927,963 18,861,177 (982,946) 95.0% Fire Department 14,772,033 14,772,033 12,850,658 13,471,379 14,998,155 226,122 101.5% Public Works Dept / Street Maintenance 7,434,770 7,434,770 6,379,120 6,583,077 6,883,267 (551,503) 92.6% Subtotal 65,632,209 65,632,209 55,541,184 57,259,686 61,749,909 (3,882,300) 94.1% Non Departmental 10,885,754 10,885,754 4,862,449 5,644,523 10,064,760 (820,994) 92.5% Total Expenditures 76,517,963 76,517,963 60,403,633 62,904,209 71,814,669 (4,703,294) 93.9% % of Year 100.0% 2 INFORMATIONAL MEMO Page 3 The graph below shows the Annual Budget to Actual Expenditures for the General Fund departments. City Council ' Mayor's Office MI Administrative Services Finance Department i Recreation Department / Park Maintenance Community Development (DCD) MEE Municipal Court . Police Department Fire Department Public Works Dept / Street Maintenance 0 3,000 6,000 9,000 12,000 15,000 18,000 21,000 Thousands ■ Actual Expenditures ■ Annual Budget Per ordinance, the City adopts a biennial budget by fund. This is the required level of reporting for external authoritative sources of oversight such as of the Washington State Auditor's office. This level of reporting is also utilized for purposes of debt issuance and by other stake holders. For managerial reporting and internal use, the City reports activity at the department level. This provides more details and additional information used by decision makers within the city and those charged with governess. The table below reflects activity at the category level. While all five of the General Fund category totals ended the year under budget, there were several line -item categories that finished the year over budget. In an effort to provide an enhanced level of reporting, additional information is being provided for category line items that ended the year with totals reflecting a budget overage of more than 5% and $50,000. 3 INFORMATIONAL MEMO Page 4 General Fund City of Tukwila General Fund Expenditures Year -to Date as of Dec 31, 2022 % of Year 100.0% Category: Overtime Variance: 18.3% and $403,071 Explanation: We have been tracking Overtime throughout the year and projected this line item to end the year over budget. The overage is offset by the reduction in Salaries. The relationship can be explained by unfilled positions leading to a reduction in Salaries and resulting in increases to Overtime due to existing staff maintaining service levels with reduced staff. Category: Pension - LEOFF Variance: 11.1% and $102,285 Explanation: The LEOFF Pension rate is a calculation of inputs shared between the State, employer, and employee. The budget determination takes into consideration the calculated rate with projected salaries. A primary contribution to the $69,381 overage was the reestablishment of minimum staffing levels for Fire that was supported by ARPA funding, which took place after the budget was established. Due to the Salaries & Benefit Category trending under budget, a budget amendment was not considered for this line item. 4 BUDGET ACTUAL COMPARISON OF RESULTS 2022 Annual 2022 Allocated 2020 2021 2022 Allocated Budget vs Actuals OVER/(UNDER) % Change Expended 2020/2021 2021/2022 511 Salaries 32,902,451 32,902,451 28,119,885 27,887,462 30,114,781 (2,787,670) 91.5% 2,227,319 8.0% 512 Extra Labor 584,220 584,220 131,789 206,427 404,565 (179,655) 69.2% 198,138 96.0% 513 Overtime 2,200,115 2,200,115 1,367,623 2,274,124 2,603,186 403,071 118.3% 329,062 14.5% 515 Holiday Pay 515,500 515,500 443,224 429,309 490,172 (25,328) 95.1% 60,863 14.2% 521 FICA 2,276,955 2,276,955 1,739,528 1,774,345 1,917,780 (359,175) 84.2% 143,436 8.1% 522 Pension-LEOFF 920,517 920,517 1,020,215 953,421 1,022,802 102,285 111.1% 69,381 7.3% 523 Pension-PERS/PSERS 1,494,905 1,494,905 1,662,169 1,518,973 1,469,268 (25,637) 98.3% (49,704) (3.3%) 524 Industrial Insurance 876,892 876,892 859,956 892,567 689,029 (187,863) 78.6% (203,538) (22.8%) 525 Medical & Dental 7,551,216 7,551,216 6,486,004 6,901,878 7,312,010 (239,206) 96.8% 410,132 5.9% 526 Unemployment 0 0 93,070 45,019 37,205 37,205 - (7,813) (17.4%) 528 Uniform/Clothing 8,525 8,525 4,734 6,732 9,085 560 106.6% 2,352 34.9% Total Salaries & Benefits 49,331,296 49,331,296 41,928,197 42,890,258 46,069,884 (3,261,412) 93.4% 3,179,626 7.4% 531 Supplies 950,636 950,636 567,124 668,288 607,654 (342,982) 63.9% ($60,634) (9.1%) 532 Repairs & Maint Supplies 299,025 299,025 313,144 254,967 382,733 83,708 128.0% $127,766 50.1% 534 Resale Supplies 10,000 10,000 235 0 859 (9,141) 8.6% $859 Null 535 Small Tools 41,250 41,250 133,261 107,173 175,409 134,159 425.2% $68,236 63.7% 536 Technology Supplies 13,000 13,000 52,295 70,391 96,274 83,274 740.6% $25,882 36.8% 537 Fleet Supplies 3,000 3,000 12,749 3,787 6,687 3,687 222.9% $2,900 76.6% Total Supplies 1,316,911 1,316,911 1,078,807 1,104,606 1,269,615 (47,296) 96.4% $165,010 14.9% 541 Professional Services 7,575,918 7,575,918 6,228,735 6,683,905 6,697,140 (878,778) 88.4% $13,235 0.2% 542 Communications 458,739 458,739 481,591 448,927 515,745 57,006 112.4% 566,818 14.9% 543 Professional Development 252,921 252,921 404,980 394,404 390,831 137,910 154.5% ($3,573) (0.9%) 544 Advertising 40,250 40,250 19,183 21,629 44,856 4,606 111.4% $23,227 107.4% 545 Rentals 478,484 478,484 549,703 426,952 320,578 (157,906) 67.0% ($106,374) (24.9%) 546 Technology Services 348,291 348,291 783,678 888,918 807,405 459,114 231.8% ($81,512) (9.2%) 547 Utilities 2,034,285 2,034,285 1,820,212 2,251,250 2,363,986 329,701 116.2% $112,735 5.0% 548 Repairs & Maint Services 2,185,367 2,185,367 1,801,240 1,768,899 2,348,284 162,917 107.5% 5579,385 32.8% 549 Miscellaneous 879,747 879,747 439,364 243,434 620,147 (259,600) 70.5% $376,713 154.7% Total Services 14,254,002 14,254,002 12,528,686 13,128,317 14,108,972 (145,030) 99.0% 980,655 7.5% 561 Capital Outlay-Land0 0 0 0 893 893 - 0 - 563 Other Improvements 0 0 0 12,331 0 0 - 0 - 564 Machinery & Equipment 730,000 730,000 5,495 124,174 300,544 (429,456) 41.2% 176,370 142.0% Total Capital Outlay 730,000 730,000 5,495 136,506 301,437 (428,563) 41.3% 164,932 120.8% 750 Transfers Out 10,885,754 10,885,754 4,862,449 5,644,523 10,064,760 (820,994) 92.5% 4,420,237 78.3% Total Non Operating Expense 10,885,754 10,885,754 4,862,449 5,644,523 10,064,760 (820,994) 92.5% 4,420,237 78.3% TOTAL EXPENDITURES 76,517,963 76,517,963 60,403,633 62,904,209 71,814,669 (4,703,294) 93.9% 8,910,460 14.2% % of Year 100.0% Category: Overtime Variance: 18.3% and $403,071 Explanation: We have been tracking Overtime throughout the year and projected this line item to end the year over budget. The overage is offset by the reduction in Salaries. The relationship can be explained by unfilled positions leading to a reduction in Salaries and resulting in increases to Overtime due to existing staff maintaining service levels with reduced staff. Category: Pension - LEOFF Variance: 11.1% and $102,285 Explanation: The LEOFF Pension rate is a calculation of inputs shared between the State, employer, and employee. The budget determination takes into consideration the calculated rate with projected salaries. A primary contribution to the $69,381 overage was the reestablishment of minimum staffing levels for Fire that was supported by ARPA funding, which took place after the budget was established. Due to the Salaries & Benefit Category trending under budget, a budget amendment was not considered for this line item. 4 INFORMATIONAL MEMO Page 5 Category: Total Supplies Variance: Under budget Explanation: The Total Supplies category ended the year under budget. Three accounts within the Supplies category exceeded the budget by more than 5% and $50,000. This is due to the classification of budget allocation. The three accounts that exceeded budget (Repairs & Maintenance Supplies, Small Tools, & Technology Supplies) combined, totaled $298,075 over budget. This is offset by Supplies (531) finishing the year $349,283 under budget, suggesting that a portion of the three account's budget was allocated to Supplies. Category: Total Services Variance: Under budget Explanation: The Total Services category ended the year under budget. Four accounts within the Services category exceeded the budget by more than 5% and $50,000. This is attributed to a budget classification allocation. The five accounts that exceeded budget (Communications, Professional Development, Technology Services, Utilities, and Repairs & Maintenance Services) combined, totaled $1,146,648 over budget. This is offset by Professional Services and Miscellaneous ending the year $919,275 & $267,708 respectively, under budget, as a result of a portion of the four account's budget being allocated to Professional Services and Miscellaneous. 5